Supreme is an acknowledged leader of India's plastics Industry. The Company has forayed into different types of plastic processing in Injection Moulding, Rotational Moulding (ROTO), Extrusion, Compression Moulding, Blow Moulding etc.
i) Supreme Industries (SIL) the company is targeting 10-15% growth in pipes division over FY19-22;
ii) industrial segment has been impacted by weakness in auto & consumer appliances business;
iii) packaging business remains impacted by higher competition;
iv) overall volume growth pegged at 10-12% with 13-14% margin in FY20; vi) SIL is focusing on geographical expansion through adding new plant locations. The persistent pressure in other segments is likely to keep SIL’s margin under pressure.
Disclaimer: The above report is compiled from information available on public platforms. inChat team advises users to check with certified experts before taking any investment decisions.
Found this insight useful?
Please share with your friends and family as well. You can also subscribe to one of our channels listed at the bottom of this page.